Berenberg analysts view BT Group’s acquisition of Talk Talk and Platform X Communications as positive and likely U.K. government-approved by end-October, citing limited service disruption and Openreach revenue protection, with a buy rating and £3 target price; shares up 1.2% to 198.60p. Schneider Electric’s $22.6 billion deal to acquire PT C faces minimal antitrust risk per MKI Global Partners, though U.S.-France political tensions over Greenland, tariffs, and digital regulation could pose theoretical threats; Schneider shares down 9.8%, PT C up 37% premarket. J.
P. Morgan notes Schneider’s repeated software asset appetite, calling the PT C deal a rare cross-border software transaction amid sector slowdown, far exceeding its 2023 Aveva ($11B) and 2024 Cognite ($3.1B) buys; PT C’s valuation aligns with prior Autodesk speculation; Schneider shares down 9.9%, PT C up 37-38%. Bernstein highlights Chinese EV brands’ ASEAN leadership, with BYD capturing 26% of regional EV sales due to technology, cost, and pricing, though subsidy reductions have slowed momentum despite strong 2024-2025 demand; Bernstein maintains outperform ratings on BYD and Xiaomi.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing